ADVERTISEMENT
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Friday, June 12, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

inDrive Enters Ibadan Ride-hailing Market with ‘No service fee’

Techeconomy by Techeconomy
June 27, 2023
in Travel
Reading Time: 2 mins read
2
inDrive in ibadan

inDrive

inDrive, the global mobility and urban services platform, is launching its ride-hailing service in Ibadan this June.

The ride-hailing app, which launched in Lagos in 2019, sets itself apart in allowing drivers and passengers to negotiate a fare, instead of this being set by an algorithm.

The passenger provides details of the trip they wish to make and offers a fare, which drivers can accept, decline, or respond to with a counter-offer – without being penalized if they refuse a trip.

Passengers can then choose from the available offers, taking into account the fare, car model, estimated arrival time and the driver’s rating. Similarly, drivers can choose those requests that they deem cost-efficient, profitable and convenient.

As such, the app empowers both passengers and drivers. In addition, inDrive typically charges a substantially lower service fee than most mobility apps; in Ibadan, this is currently set at zero, so that drivers keep the full amount earned.

Safety matters

Drivers applying to inDrive must go through background checks, including verification of necessary documents, licenses, and permits. Passengers are encouraged to rate their rides, to provide feedback on driver behavior and service quality.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

The app has built-in safety features: passengers can share their trip details with friends or family, with real-time GPS tracking during rides. The app also features an emergency button to contact authorities, and has a dedicated support team on hand 24/7.

A timely alternative

Timothy Oladimeji, Business Development Representative at inDrive, Nigeria, says that this is an excellent time to extend the ride-hailing service to Ibadan.

“The recent driver strikes suggest that there is a need for an alternative approach to ride-hailing. That’s where we come in; our model allows drivers and passengers to negotiate a fair price, rather than having an algorithm dictate this. We believe this offers a viable solution to many of the problems facing ride-hailing in Nigeria at present,”

Oladimeji said.

inDrive is one of the world’s fastest-growing ride-hailing service platforms. According to data.ai (formerly App Annie), it was the second most downloaded mobility application in 2022, with around 175 million downloads worldwide.

inDrive currently operates in 617 cities in 47 countries, with regional hubs in the Americas, Asia, the Middle East, Africa and countries in the CIS.

0Shares
Previous Post

TCL Launches C645 QLED TVs for Exceptional Colour Performance

Next Post

Nigeria Launches IFRS Sustainability Disclosure Standards

Techeconomy

Techeconomy

Related Posts

UK Skilled Worker visa salary threshold changes

UK Considers Lower Salary Thresholds for Skilled Worker Visas Under MAC Proposals

June 10, 2026
Africa's Hub, IATA, Aviation, Airlines

Africa’s Hub Airlines Gain Traffic Diversions, but Fuel Costs Threaten Profitability

June 9, 2026

How SAHCO Boosts Nigeria-UAE Trade Ties via Aviation Handling Services

June 8, 2026
Load More
Next Post
NGX RegCo, ICAN Sign MoU to Enhance Capital Market Regulation, equity market

Nigeria Launches IFRS Sustainability Disclosure Standards

Comments 2

  1. Pingback: inDrive Enters Ibadan Ride-hailing Market with ‘No service fee’ - News Curators
  2. Pingback: InDrive Extends its Name-Your-Price Mobility Model to 15 Additional Nigerian Cities - TechEconomy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.